-- John Kemp is a Reuters columnist. The views expressed are his own -- LONDON, June 18 - Rising unemployment and continuing recession have not deterred Americans from embarking on the traditional summer driving holiday....
-- Christopher Swann is a Reuters columnist. The views expressed are his own -- NEW YORK, June 17 - Optimism has been all but extinguished from the U.S. housing market. The number of Americans lining...
* Nine banks repay more than $66 billion in bailout funds * Wednesday was first day to repay loans * KBW Banks index down 2.07 percent (Adds American Express, Bank of New York Mellon, Capital...
* Bank of America charge-off rate soars to 12.50 percent * American Express default rate rises to 10.40 percent * Citigroup charge-off rate goes up to 10.50 percent * JPMorgan credit-card default rate rises to...
* Bank of America charge-off rate soars to 12.50 percent * American Express default rate rises to 10.40 percent * JPMorgan credit-card default rate rises to 8.36 percent * Capital One charge-off rate goes up...
-- Christopher Swann is a Reuters columnist. The views expressed are his own -- NEW YORK, June 5 - This recession is introducing many Americans to a novel experience -- the pay cut. Fifteen percent...
* JPMorgan, American Express to sell common stock * Banks hope to repay government soon * U.S. to announce TARP repayment eligibility next week NEW YORK, June 1 - JPMorgan Chase & Co and American...
-- John Kemp is a Reuters columnist. The views expressed are his own -- LONDON, May 27 - The American Clean Energy and Security Act (HR 2454) that cleared its first hurdle last week when...
-- John Kemp is a Reuters columnist. The views expressed are his own -- LONDON, May 27 - The American Clean Energy and Security Act (HR 2454) that cleared its first hurdle last week when...
* American Express default rates jumps to 10.10 percent * Bank of America charge-off rate soars to 10.47 percent * Citi credit card default rate rises to 10.21 percent * Banks' shares fall as much...